Tax receipts in the US are lower than government expenditures causing deficits year after year. Another factor to consider is that just because the stock market keeps rising Uncle Sam is not going to earn higher taxes. Conventional wisdom would mean that soaring stocks would lead to higher taxes paid to Uncle Sam.But that is …
The US market has outperformed the British and Japanese equity markets in terms of returns since October, 1987. The returns since that month are shown below: +745% DJIA +658% S&P 500 +214% FTSE 100 -24% Nikkei 225 Chart: Click to enlarge Source: UK Almanc via Twitter
The Dow Jones crossed the 23,000 mark and closed at 23,157.60 yesterday. This year alone the Dow has crossed four thousand point thresholds. The following table shows the 1,000 point milestones of the index since its inception: Click to enlarge Source: The Dow Crosses 23,000 by Jamie Farmer, Indexology Blog, S&P Global
The Dow Jones crossed 23,000 for the first time today. The S&P 500 has also made record gains since the Global Financial Crisis(GFC) of 2008-09. In fact, the current cyclical bull market is the second strongest in terms of returns and is also the second longest since World War II according to an article by …
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Stocks in the Euro Zone are still lagging behind in terms of recovering previous losses. For instance, the benchmark Euro Stoxx 50 index has still not reached the peak attained before the Global Financial Crisis of 2008-09 as shown in the chart below. In addition, the record high of 5,405 before the dot com bust …
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